News Archive

Berenberg lowers target price on Reckitt Group

25th Apr 2024 12:47

(Sharecast News) - Analysts at Berenberg lowered their target price on household goods manufacturer Reckitt Group from 5,800.0p to 5,100.0p on Thursday, citing limited visibility going forward.

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Greece's Mytilineos considering secondary London listing

25th Apr 2024 12:33

(Sharecast News) - Greek industrial and energy company Mytilineos said on Thursday that it was considering a potential secondary listing on the London Stock Exchange.

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UK retail sales tumble in April - CBI

25th Apr 2024 12:23

(Sharecast News) - The UK retail sector was hit by a surprise slump in sales in April, a closely-watched industry survey showed on Thursday.

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Deutsche Bank Q1 profits boosted by investment banking

25th Apr 2024 12:19

(Sharecast News) - Deutsche Bank posted a jump in first-quarter pre-tax profit on Thursday, underpinned by a solid performance from investment banking.

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London midday: FTSE 100 set for new high as earnings impress

25th Apr 2024 12:16

(Sharecast News) - A barrage of well-received corporate earnings and potential M&A activity in the mining sector gave London's FTSE 100 a boost on Thursday, with the index once again trading at record highs.

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US pre-open: Futures lower as Meta guidance disappoints

25th Apr 2024 11:32

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as investors digested disappointing earnings from some of the tech industry's biggest names.

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Norman Broadbent net fee income drops in Q1

25th Apr 2024 11:30

(Sharecast News) - Professional services firm Norman Broadbent said on Thursday that net fee income had dropped in the three months ended 31 March.

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Europe midday: BHP bid for Anglo in focus, but stocks in the red

25th Apr 2024 11:30

(Sharecast News) - European shares fell in early trade on Thursday amid a deluge of earnings, trading updates, disappointing results from US tech giant Meta and BHP's $38bn bid for rival mining giant Anglo-American.

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Kromek wins contract with US federal entity

25th Apr 2024 11:14

(Sharecast News) - Radiation and bio-detection technology Kromek Group has secured a contract with an unnamed "US federal entity" for the provision of nuclear security products.

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Anexo makes Bringloe's CFO appointment permanent

25th Apr 2024 11:07

(Sharecast News) - Credit hire and legal services provider Anexo Group has tapped Mark Bringloe to take over as chief financial officer.

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FTSE 100 movers: Anglo American surges on BHP bid; Schroders in the red

25th Apr 2024 10:51

(Sharecast News) - London's FTSE 100 was up 0.3% at 8,061.26 in afternoon trade on Thursday.

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Numis cuts Schroders target after Q1 AuM miss

25th Apr 2024 10:35

(Sharecast News) - Numis has trimmed its target price for Schroders after first-quarter results from the asset management firm were "a little weaker than expected".

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Labour lays out plans to renationalise UK's railways

25th Apr 2024 10:28

(Sharecast News) - Labour promised to renationalise the UK's railway network within five years of taking office on Thursday, in a bid to address the system's challenges without compensating its existing private operators.

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Micron secures $13bn funding package from White House

25th Apr 2024 10:26

(Sharecast News) - Micron Technology has secured more than $6bn in direct funding from the US government to help build leading-edge chip factories, it was announced on Thursday.

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Vianet recurring revenues, adjusted underlying earnings rise in FY24

25th Apr 2024 10:19

(Sharecast News) - Business intelligence provider Vianet Group said on Thursday that recurring revenues and adjusted underlying earnings had improved in the year ended 31 March, with progress within the unattended retail and hospitality divisions being "particularly strong".

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